Binary Ascend Review

Binary options traders can be divided into two distinct categories. One group consists of the DIY enthusiasts, who insist on doing their own analyses of the Forex market to determine their trades. They study up on what works with others and they see and check how some strategies work.

Binary options seem simple enough, and for those encountering the term for the first time it is a trade in which you need to correctly predict whether a currency in relation to another will go up or down in value after a set amount of time. It seems simple, but it’s actually not. If it was easy, then the rate of failed traders wouldn’t be so high.

Then there are also the tip users, who follow the signals sent by experts. Some of these tip users take the signals from other people, but that can be dangerous since people do tend to make mistakes after all. Some people follow the signals sent out by programs, which analyze currency conditions and then send tips when the conditions are right.

These programs are called binary robots, and Binary Ascend is among the very best of them.

Features of Binary Ascend

The Binary Ascend software is every easy to install. While you can download installation instructions so you can do this on your own, now you can install through a remote connection. You can just ask the pros at Binary Ascend to install and set up the program for you.

Then you get three types of signals. The first type is the low risk signals, which give you more certainty. These are everyone’s ideal signals and they sure wish they can receive them more often. Unfortunately, these signals don’t come in frequently, but that’s because conditions must really be in alignment before the program consider anything “low risk”.

The “normal” signals are more common, and they use fewer filters so they don’t really give a high level of certainty. But the winning percentages for these signals are still excellent and the bulk of the signals fall under this category.

The iffiest signals are the “aggressive” signals, which can really mess up your winning percentage. There’s a good chance of winning big here, but there’s also a very big chance of losing too. To be sure, you will have to closely analyze the signals before you make your trade. Binary Ascend assumes that you won’t just take their recommendation as is when it is an “aggressive” signal.

The low risk signals are pretty much like enthusiastic recommendations. “You really need to make these investments now,” the program seems to declare.

The aggressive signals are sort of like trying to catch your attention. “This may be something you should look at, but I’m not too sure,” Binary Ascend is saying half-heartedly.

Binary Ascend Pros and Cons

With Binary Ascend, the pros pretty much outweigh the cons. This is why quite a few experts in the industry always recommend this program.

First of all, it is easy to install and use, although care must be given to how it is set up. If you’re not too careful, then you may make mistakes that will cost you money.

The instructions are very clear so there’s no confusion on what you ought to do. The signals are sent to your PC, and you get pop up sound alerts so you won’t miss any signals. You also get them through email.

But the most obvious advantage is that the winning percentage is absolutely real. It approaches 60% and sometimes the percentage can even reach 75% as long as you tend to ignore the “aggressive” signals. But don’t always take my word for it. This is only my own experience. I know of some trader friends who claim they are getting as much as 86%.

There are downsides to the program, however. Perhaps the most notable disadvantage is that the binary robot is specifically configured to work only with the EUR/USD pair. That’s it. So when you use it for other currency pairs, its results may not be accurate at all. Keep in mind that currency pairs aren’t always alike, and the historical movements of one current pair may not match the movement of the EUR/USD pair.

Also, sometimes you don’t get signals for a particular day at all. That happens, even though on average you may get 14 signals a day. Obviously it’s not always right, and the “aggressive” trades have a rather low winning percentage.

Finally, the $139 cost may be a bit too much for some traders, but at least it’s an investment which offers a very good chance at a decent return.

Conclusion

While the cost isn’t exactly peanuts, it’s nothing when you consider what you get even with a fairly conservative risk profile. Even if you stick to low risk signals, you will eventually make decent money from Binary Ascend.

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